European Central Bank delivers final rate cut of the year
The ECB started cutting the main interest rates in June 2024, to boost the Eurozone's lagging economy, through lower rates to encourage borrowing, spending and…
Pound soars to 29-month high following Fed rate cut signal at Jackson Hole
The British pound surged to its highest level against the US dollar given the Bank of England's less dovish stance compared to that of the…
Australia’s economy grew by 0.1 per cent in March quarter in very weak start to 2024
Australia's economy grew by 0.1 per cent over the first three months of 2024 and 1.1 per cent over the year, according to the Australian…
US Federal Reserve member Loretta Mester joins central bank chorus pushing back on rate cut hopes
A voting member of the US Federal Reserve has joined the chorus of central bank officials pushing back against the prospect of interest rate cuts…